2011 Nevada Revised Statutes
Chapter 104 - Uniform Commercial Code—Original Articles
NRS 104.8406 - Obligation to notify issuer of lost, destroyed or wrongfully taken security certificate.


NV Rev Stat § 104.8406 (2011) What's This?

If a security certificate has been lost, apparently destroyed or wrongfully taken and the owner fails to notify the issuer of that fact within a reasonable time after the owner has notice of it and the issuer registers a transfer of the security before receiving notification, the owner may not assert against the issuer a claim for registering the transfer under NRS 104.8404 or a claim to a new security certificate under NRS 104.8405.

(Added to NRS by 1997, 366)

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